chargeback reason code ap. Updated Disputes/Chargeback Policy Coming April 2024Everything You Need to Know (2023) Shopify POS has everything you need to sell in person, backed by everything you need to sell online. chargeback reason code ap

 
 Updated Disputes/Chargeback Policy Coming April 2024Everything You Need to Know (2023) Shopify POS has everything you need to sell in person, backed by everything you need to sell onlinechargeback reason code ap Chargeback Reason Codes

Card Type Reason Code Reason Text Chargeback Category Preventable Reversible VISA 30 Services Not Provided or Merchandise Not Received Non-Receipt of Goods or Services NO YES VISA 41 Canceled Recurring Transaction Cancelled/Returned by CardholderThe situation grows more tenuous when you realize most of those chargebacks were likely the result of friendly fraud. Region Only) 4855 Goods or Services Not Provided. Code 68: Signing Allowance. All chargebacks start with a customer making a purchase in person, in an app, or online. *These networks do not have specific reason codes assigned to dispute; however, any retrieval that is received without a reason code will be assigned a default code of 1. The most popular type of disputes of the chargeback category. Reason code 4541 - Recurring Payment. 4 spec (Section 8. . This chargeback reason code is also referred to as “Point-of-Interaction” Errors. 4: . 60 due to merchandise, fees, overhead, and other sources of loss. AP – Recurring Payments; 05 – Good Faith Investigation; AW – Altered Amount;. In most cases, cardholders may only file a chargeback within 120 calendar days of the Central Site Business Date, with some codes requiring shorter timeframes. . Each code corresponds to an issue or problem. . 2 – EMV Liability Shift Non-Counterfeit Fraud 10. com But it’s important that you make sure: your full case ID is detailed in the document name and the subject. Chargeback. For example, if there was a scheduled delivery date for the order, then the timeframe starts on that date. This Chargeback Reason Code has to do with all. Therefore, the issuer may submit a chargeback for a Payment Transaction using the message reason code 4842 before the 30-calendar day presentment time frame normally required for this message reason code. Terms and conditionsHow you respond is determined by the chargeback reason code: Embed This Graphic. Learn about the different chargeback reason codes and what they mean. Friendly Fraud Dispute caused by accidental or deliberate chargeback abuse. Chargeback reason code 4853 can be used to indicate disputes where the cardholder simply claims that the merchant never delivered on what was promised. MasterCard and. Reference these when rebutting cardholder disputes at your small business. It’s just what it sounds like—the reason they’re fighting the charges, which can range from fraud and non-delivery of services to processing errors—and the codes for each problem differ between card networks. While obtaining authorization approval is usually. If a customer makes a chargeback request on the basis that he or she has not authorised the transaction, the customer's bank will charge the transaction back to the merchant’s bank. However, for simplification, they are divided into eight categories: Fraudulent activity; Authorization issues;. 1 – Merchandise/ Services Not Received 13 . When a cardholder disputes a transaction, their issuing bank reviews. 3 falls under the “Consumer Disputes” category. You must designate the write-off reason code for the system to use when you activate the automatic write-off feature. What is Visa chargeback reason code 12. Select Need Help & Cash App Support. Company. Category. EMV Liability Shift Non-Counterfeit Fraud. There are no format changes to the sales file specification; there are additional values added to the sales file to designate chip card transactions. The Code 10 call gives merchants a chance to bring possible fraud to the card issuer’s attention and receive instructions from them about how to proceed with the transaction. Major card networks including Visa, MasterCard, Discover and American Express have different reason code systems. FAQ: What is Chargeback Representment?. Offer shipment and delivery tracking. We have mentioned all the chargeback categories above to explain the Chargeback Reason Codes according to the card networks. Previous Page. Every card brand has a unique set of chargeback reason codes banks must choose from. Reason Codes Category 1: Authorization. Chargeback Reason Codes > Chip Liability Shift > Issuer Chargeback > Chip Liability Shift Program for Domestic and Intraregional Transactions Chapter 5—Compliance Case Filing Incorporated the changes announced in “AN 1677—Revised Standards—QuestionableChargeback and order status are determined through enumerated values, while the card scheme provides the reason code and description for the chargeback. 502 DM-REFUSED DEBIT VENDOR-DOCK REFUSAL AP Forms, Invoice Shortage Dispute 503 DM-PAY/CAN BOOK INV IN & OUT PO CANCEL AP Forms, Invoice Shortage Dispute 504 DM-DUP INV DM-DUPLICATE INVOICE AP Forms, Invoice Shortage Dispute 505 DM-T. 195 Acquirer Use of Message Reason Code 7627-Face-to-Face or CAT Level 2 Transac tion. Reason Codes Category 4: Processing Errors. Some disputes are filed because an unauthorized third party used the card, but many consumers dispute their own transactions for one reason or another. BENEFITS AUTHORIZED AR = ADMINISTRATIVE REVIEW AT = ACCEPTED AS. non_receipt: The buyer claims they didn't get the goods or services. This chargeback occurs when merchants do not adequately provide currency information. Click the Update Chargeback link to edit the chargeback details. The post below contains legacy information pertaining to the formerly-common Visa chargeback reason code 75. Here’s a comprehensive list of Mastercard chargeback reason codes that you might see on your screen: 4807: Warning Bulletin File. While every card system has its own particular exceptional arrangement of chargeback reason codes, the categories are fundamentally very similar. 7 Reversals and Adjustments 124 1. 4853: Canceled recurring transaction. This provided a number of insights into the typical. The first two digits indicate what category the reason code falls under: 10 for Fraud, 11 for Authorization, 12 for Processing Errors, and 13 for Customer Disputes. As a merchant, you face the brunt of chargeback losses. The major card networks have unique reason code systems, and banks use separate tools. Receivable’s lets you enter a chargeback against a credit memo or an on-account credit memo only if they have a. This means that it will require merchants to provide evidence supporting their claim that a transaction was authorized by the cardholder. In this instance, the cardholder claims a misrepresentation of the order they received, such as a defect, damage, counterfeit, or incomplete merchandise. Reason . . A reason code is an alphanumeric string of text an issuing bank attaches to a chargeback dispute to explain its cause. Instead of relying on individuals within your organization to route paper or emailed invoices to the appropriate AP desk, an automated solution would scan the invoice. ; Resources. 10. 3. Since we are connecting through AP, your data is handled securely, all the data we access is strictly kept confidential, and we do not share your data with any third-party agents. Other Ineligible Transactions Under Reason Code 62, Condition 2 . This code tells you why the customer or bank initiated the dispute. Reason Code. The chargeback transfers funds from the acquirer to the issuer. Visa Merchant Official Documentation. 3 may be able to represent the transaction and reverse the chargeback with the right compelling evidence. Visa has recently announced changes to its chargeback rules. It’s typical to see fraud chargebacks roll in 2-3 months after the initial charges took place. 4. • Section 4: Chargeback Reason Codes—Contains detailed information on the reason codes for the. AP - Recurring Payments. For example, if a store or distribution center receives 40 cases but the invoice is for 45 cases, a Code 22 will be issued for the 5 outstanding cases. Most Common Chargeback Reason Codes #3: Order Significantly Not as Described. AP Asia Pacific (AP) CEMEA Central Europe, Middle East, and Africa (CEMEA)About American Express chargeback reason codes. All chargebacks start with a customer making a purchase in person, in an app, or online. For each reason code, a definition is provided along with the merchant’s actions—or failure to act—that may have caused the chargeback,AP automation is an approach to the AP process that involves using software solutions to create an efficient, digitized workflow for receiving, reviewing, and paying invoices. This means that meticulous and organized record-keeping is essential for effective chargeback revenue recovery. According to a study released by Juniper Research, ecommerce businesses were projected to lose roughly $20 billion in 2021 due to fraud, an 18% increase over the $17. . Visa Reason Code 13. 3? Visa chargeback reason code 13. prenotification of chargeback, depending on the chargeback reason code, to the agency requesting additional documentation to properly dispute and remedy the chargeback. If the chargeback stems from the use of non-EMV readers, for example, the merchant should implement compliant terminals. 8 Added American Express chargeback information Chapter 3 1. Every chargeback has a reason code associated with it. You need to understand that there are three fundamental reasons why customers file chargebacks: Criminal Fraud Dispute resulting from the actions of a criminal actor. Last updated: October 15, 2019 . We want to clarify: this doesn’t imply that a transaction ID can reliably prevent chargebacks and fraud. That said, looking up purchases using this number can make it easier to provide info following an. Thus, the easiest way to prevent chargeback reason code 75 from being. 4860 Credit Not Processed. Chargeback Reason Codes (03B/CB) You must assign a chargeback reason code (03B/CB) to explain the reason for entering chargeback for the invoice. M10 Vehicle Rental – Capital Damages. The authorized transaction was for goods or services that the merchant did not deliver as per a contract, receipt, or some other written. 1 Chargebacks A chargeback is a rules-based mechanism, with time-sensitive workflows, that enables the issuer and the acquirer to determine the financial liability of a disputed transaction. While you obviously don’t want customers to cancel their service, a cancelation is far better than a chargeback. The issuer investigates. Customer disputes are a reality of accepting payments. Depending on the specific situation, Mastercard will match authorization response to one of the following merchant advice codes: Mastercard Response Code. Enter the code that identifies the reason that a chargeback was generated for an invoice during receipt entry. Visa Chargeback Reason Codes. 00 EUR as a Withdrawal fee. Reason codes are important to help merchants address recurring. It can range from 60 to 120 days from the billing date. About American Express chargeback reason codes. If they succeed, the issuing bank will reverse the chargeback and return. Fight; Prevent; Recover; Technical. This would be filed using reason code 12. 5 Removed unused Visa (60) and Discover (4580) Chargeback Codes Added Section 1. Not remembering the original purchase. Code 63: BOL Addressed to Wrong Location. Chapter 6 Pre-Arbitration and Arbitration Case Filing-For Chargebacks Initiated On or After 17 July 2020 > Time Frames and Requirements > Dual Message System Pre-Arbitration andCode 13. That’s why you need to kick chargeback mitigation into high-gear. This scenario applies when the arbitration was raised by either the. 4853 Cardholder Dispute. 2 Compliance CasesReason codes for the chargeback with detailed explanation of what it means, how to dispute the chargeback, and how to avoid future disputes. The card network then notifies the merchant’s acquiring bank about the chargeback and passes along all the collected information. #9. Other card networks are expected to follow suit, and if so. Codes—Contains detailed information on the reason codes for the most common types of chargebacks that merchants receive . Visa groups its chargeback codes into four main categories—fraud, authorization, processing errors, and customer disputes. Mastercard Chargeback Reason Code 73: Duplicate Transaction. Chargebacks occur when a credit cardholder disputes a charge on their statement with their issuing bank, in order to ask for a refund. They are provided to the merchant by the issuing bank, and they help all involved parties categorize disputes and determine next steps. The chargeback reason codes were created to standardize the list of acceptable reasons a bank may submit a card chargeback or a direct debit chargeback on behalf of its customer. Also, just like American Express, Discover functions as both a card network and an. Once you receive this notification, you have 11 days to submit a response. There are several reasons why many merchants turn a blind eye to suspected return fraud. Blog and Featured; Success Stories; Chargeback Reasoning Codes; BIN Look-up; eGuides and Reports;. In the UK, the fee typically ranges from £15-25 but can be as high as £150. This statement item can later be reversed, or made permanent, depending on the reason for the credit issuance. For your reference, here's a list of chargeback reason codes for Visa, Mastercard, Discover, and Amex. Clerical 101. PCI DSS v3. . 3. . Fortunately, chargeback reason codes make it easy for merchants to understand the cause of chargebacks. The shorthand description is “Late Presentment. What is Visa chargeback reason code 12. During research, a claim processor might call a customer and refer to the customer's reason code. Mastercard Chargeback Reason Code 73: Duplicate Transaction. Partners. The agency must provide this documentation to Vantiv (via mail, fax, online/scanning) within 30 calendar days after the report date on the Visa/MasterCard. Get your complete guide to Amex reason codes, including all the detailed information, chargeback time limits, and other important information you need. Banks may issue a credit to an account holder at their discretion. Chargeback Reason Codes and Descriptions. The first thing you should do when you receive a chargeback notification is to check the reason code that the card issuer assigns to the dispute. 4854 Cardholder Dispute—Not Elsewhere Classified (U. The length and structure of Reason Codes changed from a current two-digit code to four to six digits that contains decimal(s) point(s). Card brand definitions for “excessive” vary, but as an example, Mastercard requires acquirers to submit your business to MATCH if: Your number of Mastercard chargebacks exceed 1% of Mastercard sales transactions in a single month. 1: goods not received. Next Page. Purpose: Use the vendor charge back function in CWSerenade to track the return of merchandise to a vendor for credit. Other Fraud—Card Present Environment. A credit card chargeback is when a bank returns money to you because a credit card charge was fraudulent or you bought something online that wasn’t delivered or was. 9. SU: Spread unapplied amount. Auto Write Off. 5%. Knowing these codes can help you dispute chargebacks more effectively. 196Chargeback reason codes can change with new information. FR4 Immediate Chargeback Program. Chargeback: Used when a deduction must be settled with a chargeback. chargeback: The buyer filed a chargeback with the credit card issuer. 634. The charge is reversed and goes back to your credit card. Every friendly fraud chargeback will come bearing a reason code that specifies the nature of the cardholder’s claim. Chargeback reason code 11. A Shopify chargeback occurs when a cardholder contacts the bank about. Fraud. Visa’s process introduces four dispute categories and associated numerical labels (Fraud – 10, Authorization – 11, Processing Errors – 12, Consumer Disputes – 13) under which the renamed reason codes will be placed. Chargeback Report. A chargeback report is a periodic report that compiles key chargeback stats to track trends and identify correlations between disputes and other business data. 2. . • create an A/P credit for the charge back. What are chargeback reason codes? It’s an alphanumeric string of text provided by an issuing bank following a chargeback that describes the reason for the. 102. 105. Code 10. 104. Code 66: Markdown Monies/Price Protection. ” This type of chargeback reason could be named differently across the different card schemes (some examples: Visa 10. CD: Credit/Debit Posted Incorrectly: CR: Canceled reservation. This would be filed using reason code 12. It’s important to look up the code to understand why a transaction, good, or service was disputed in order to properly present a solid case to win the chargeback. Chargeback Reason Codes. Credit card chargeback reason code: Type: Varchar; Unique: No; Blanks: Yes; Max length: 64 characters; Unique identifier which distinguishes the nature/reason of credit card chargeback reported. Merchants can analyze the root causes of their chargebacks by examining the reason code of the chargeback and their own records regarding the purchase in question. 4841 Canceled Recurring or Digital Goods Transactions. The bank or credit union then conducts an investigation to ascertain the validity of the dispute. Resources. Late Presentment Rules: Mastercard. You can request a chargeback from the bank that issued the card If: The transaction was unauthorized. Reason Code 81: Fraud. pdf), Text File (. Chargeback. What is the chargeback representment process? When faced with a chargeback representment, you should take these steps. If you receive a chargeback under Reason Code 85, you will need to provide evidence that the credit was processed in order to dispute the chargeback. 3 –. 1 Quick Reference Lead. Thousands of HSBC customers have reported that they have been unable to access its online and mobile banking services on one of the busiest. Otherwise, the Discover card chargeback time limit starts at the transaction processing date. 7: Defective goods and services: C32: RM: 13. "And if the merchandise was returned for late delivery, the issuer should wait 15 days after the return of the merchandise before filing a chargeback. In that way, winning one dispute may help prevent the next chargeback to come after it. Discover Chargeback Reason Codes Explained. To prevent chargebacks from happening, you must know how chargebacks work and take. [noun]/* kə • stə • mər • di • spyo͞ot/. 10. . txt) or read online for free. Receiving a damaged product. People request chargebacks for all kinds of reasons—some sinister (like friendly fraud), some because the item they bought never arrived. If you believe you have received an ACH return in error, you can contact your bank. WEX began issuing chip cards in Q4, 2020. . 7: Defective goods and services: C32: RM: 13. Visa requires processors and banks use to this system for multiple tasks, including challenging initial chargeback results. If you want a more thorough explanation of a given reason code, you can find it in our reason code lookup tool. These processing options activate the automatic write-off feature and enable you to establish write-off limits for both under- and overpayments. Reason Code 53: Not as Described or Defective Merchandise. You can email us at: disputeresponses@barclays. Chargeback Reason Codes: List & Tips for Merchants REASON CODE CATEGORIES Fraud 10. Discover Cardholder Dispute Chargeback Reason Codes AA — Cardholder Does Not Recognize The consumer files a dispute claiming that they do not recognize. There are dozens of reasons why cardholders and issuers dispute transactions. In some cases, errors can be resolved and reversed, but there is no equivalent to chargeback representment when it comes to ACH. Either the acquiring or issuing bank could initiate the. ; Help Center Find answers to common questions about Midigator’s technology,. Otherwise, the bank may reject the transaction. Reason Code. If the merchant has a signature showing that the order was delivered, or evidence that the. . The claim often, but not always, involves automated teller machines (ATMs). 6: Duplicate processing/Paid by other means. ) Contracts. A chargeback reason code is a 2-to-4-digit alphanumeric code chosen by the issuing bank from a predetermined list to reveal the reason the cardholder gave for requesting a chargeback. . ”. ©Chargeback Reason Codes Fraud – Card-Not-Present (CNP) Network Reason Code Bank Initiation Timeframe Accel 81 120 calendar days from transaction processing date American Express FR2, F14, F24, F29 120 calendar days from transaction processing date Discover 4752 AA, 7030 UA02 Within 30 calendar days from the close date of the TRRThese chargebacks occur to resolve chargeback-related disputes between network members. However, the return request is invalid, as the customer does not have a legitimate right to a refund for one reason or another. Here’s how your store can prevent and deal with chargebacks. 4853 – Cardholder Dispute – Goods or Services Not Provided. After the introduction of Visa Claims Resolution, Visa set the goal of resolving all disputes in less than 31 days. FR6 Partial Immediate Chargeback Program. Code 72: Labor and Handling (Ticketing/Re-Ticketing)Every chargeback comes with a reason code. In addition to Reason Codes changing as a result of the VCR program, each Reason Code is now associated with a new Reason Category. Chargeback Reason Codes by Network - 2023 Orientation. There are two parts to this. Code 67: Display Allowance. Chargeback management describes all of the ways in which merchants can deal with fraud and disputes that result in payment reversals. . The aim of CE 3. 4 (Other Fraud – Card Absent Environment). Cardholder-Activated Terminal (CAT) 3 Device. The newer system is designed to. The sales receipt and/or date and amount of the authorization if other than the transaction date. We’ve all been there as an eCommerce owner: you excitedly ship out a $1,500 order to a customer, and then a few weeks later you’re notified that the customer has opened a chargeback dispute. Additionally, Discover uses a fifth "No Classified" category. 4 Updated Discover chapter for April (2012) Enhancements Chapter 2 1. Which fraud reason codes will be included in EMV Liability Shift? How are Lost/Stolen transactions affected? A. For example, if a store or distribution center receives 40 cases but the invoice is for 45 cases, a Code 22 will be issued for the 5 outstanding cases. Unauthorized returns (R05, R07, R10, R29, R51): 0. com Europe. Message. MDR also retired reason code 4840 – Fraudulent Processing of Transactions. Shopify Payments Chargeback Reason Code #5: Product Not Delivered. UA05 – Fraud: Chip Card Counterfeit Transaction. 4 applies to eCommerce, whereas code 10. By entering your email, you agree to receive marketing emails from Shopify. Reason codes are alphanumeric codes that provide the justification for granting a chargeback. First presentment fraud chargebacks include those with chargeback reason codes 4837 (No cardholder Authorization) and 4863 (Cardholder does not recognize — potential fraud). The Code 10 call gives merchants a chance to bring possible fraud to the card issuer’s attention and receive instructions from them about how to proceed with the transaction. M10 Vehicle Rental – Capital Damages. Code 12 . Visa chargeback reason code 75 falls under the “Consumer Disputes” category. 16, 2021. Dispute Description: RC VI/MC/AX/DI: Card Absent - Fraud Dispute: 10. They can also be caused by a merchant failing to process a cancellation promptly. Technical. You’ll put that reason code, the transaction amount and authorization number, and state that the. The reason code also presents a timeline to fight the chargeback and what evidence is needed to reverse the chargeback. The networks say merchants have a 45-day response window, but the Chase credit card chargeback time limit for merchants is 39 days. Fight; Prevent; Get; Assets. eCommerce Travel Crypto Gaming SaaS Gambling Ticketing. 1 for Visa transactions, or reason code 4834 for Mastercard. Step 4: Card Network Collects Dispute Information. Amazon Pay will send you a notification email when you get a chargeback, which will include details such as the order number and reason code. Chargeback Reason Codes. 02/10/16 Added Debit Chargeback Reason Codes. Chargebacks are the result of a customer questioning or disputing a transaction with their issuing bank. 5 Visa Fraud Monitoring Program. Every chargeback has a reason code associated with it. It is associated with a chargeback reason code, and it is specific per Card Scheme. But cardholders and merchants have different time limits. The format of the Code 10 call is designed to be discreet, so that it can be made in front of the customer, but they can be lengthy. Ethoca alerts can prevent chargebacks before they hit your bank account. Below are some examples of more common reason codes. R13 No Reply. The increase in transparency will also reduce the risk of chargebacks with reason code 13. 2 – EMV Liability Shift Non-Counterfeit Fraud. 1Chargeback reason codes are one piece of evidence you can use to make your case. Time limits vary by card network and reason code, though, so you should look into the specific terms tied to the reason code. Discover uses the same four main categories as Visa to organize its reason codes: Authorization, Card Member Disputes (which Visa refers to as Consumer Disputes), Fraud, and Processing Errors. When every chargeback comes with a separate fee and an incremental uptick to your chargeback rate, several $1 chargebacks can be a lot worse than a single chargeback. Reasons a customer may initiate a chargeback include: Ordering a product and not receiving it. Merchants can find a. There are several different methods for obtaining a credit card payment reversal. Chargebacks occur when a credit cardholder disputes a charge on their statement with their issuing bank, in order to ask for a refund. 4853 – Cardholder Dispute – Goods or Services Not as Described or Defective. txt) or read online for free. Chargeback Reason Codes; BIN Lookup; ROI Tool; Company. . Code 69: Grocery Billback Allowance. 2 – EMV Liability Shift Non-Counterfeit Fraud. VCR tables (Figures 1 and 2) map the old Reason Code to its new Reason Code. Visa Claims Resolution is a Visa-specific platform that seeks to declutter and streamline the consumer dispute and chargeback resolution process. 1: EMV Liability Shift Counterfeit Fraud:. Issuers will not have the ability to submit lost/stolen fraud chargebacks for chip-on-chip (contact or contactless) AFD transactions. Check the chargeback reason code. 2. As its name suggests, Code 22 is issued when Walmart does not receive all the items it is billed for on the invoice. Code 4807: Fraudulent Card-Present Transaction. 10. Discover Chargeback Reason Codes. You should place a Code 10 call when. If the order was genuinely not as described, then the cardholder has a case. At Visa they used to receive reason code 98. AP: Canceled Recurring Transaction: AW: Altered Amount: CD:. Chargeback Reason Codes by Mesh - 2023 Guide. 3: Goods or services were not received: C08: RG: 4855: 13. Discover is a credit card network and an issuing bank—just like American Express. This chargeback reason code was retired by Visa in April 2018. Below is a list of Mastercard chargeback codes used in eCommerce. Card Brand Code Description Days to Dispute Dispute Category;. To assemble the right evidence to fight and win chargebacks, you may need documents. . Based on this, you can. Depending on the reason for the chargeback, your evidence needs to prove you: verified the identity of the shopper. AP Asia Pacific (AP) CEMEA Central Europe, Middle East, and Africa (CEMEA)Updated August 23, 2023. Here is an overview of how the general chargeback process works with most major processors (we’ll get into how Square does it down below) Step 1: A. MASTERCARD Reason Code Description. 03B/CR for deduction reason codes. Be sure to communicate with the customer and their bank professionally and courteously. Luckily, our reason code directory makes is a bit simpler to make sense of issuer codes. 1 – Merchandise/Services Not Received; Mastercard Reason Code 4853 – Goods or Services Not as Described or Defective; American Express Reason Code C05 – Goods/Services Canceled; However, some reason codes are highly specific and apply only to a certain type of product, such as: Visa Reason Code 13. VCR tables (Figures 1 and 2) map the old Reason Code to its new Reason Code. Multiple Authorization Requests. Dispute Best Practices Guide Overview This guide includes:In some cases, chargeback management companies go a step further by offering a 100% chargeback prevention guarantee for handled prevention alerts. ). Reason code 04 pertains to your chargeback-to-transaction ratio and is the most common reason for being MATCHed. Here are some chargeback reason codes by card type. . These codes are established by the payment brands to categorize the incoming dispute requests by reason. Another thing you should bear in mind is that the card brand involved in the dispute can also change the reason code to suit new developments. This ranges anywhere from roughly 60 to 90 days after purchase. . 4 Section . Thanks for following the Chargeback Gurus blog. 6 Setting Up Payment Terms for Accounts Receivable. Category. Most Common Chargeback Reason Codes #3: Order Significantly Not as Described. Having a Lax Attitude Toward Industry Rules & Regulations. 2.